Plan Ledger DOL Form 5500 · updated monthly

Engineered Structures, Inc.401(k)

ENGINEERED STRUCTURES, INC. 401(K) PLAN · MERIDIAN, ID · plan year 2023

Reported admin expense ratio · 2023
0.59%

Peer grade: C+ · admin costs + employer contributions vs same-size plans · how grading works

Engineered Structures, Inc. reported $177,022 in plan administrative expenses for 2023: 0.59% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,748 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 1 year on file its reported administrative ratio fell from 0.64% to 0.59%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other construction employers. By assets it is the 62nd-largest of 349 plans among Idaho employers on file, and the 1,341st of 5,337 in construction. In 2023, employees put in $1.71 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$36,253,442
Participants with balances1,032
Active participants922
Employer contributions$2,533,588
Employee contributions$4,341,465
Employer contribution per active participant$2,748
Average account balance$35,129
Benefits paid to participants$1,614,832
Plan auditUnmodified (clean) audit opinion
AuditorHARRIS & CO. PLLC
Plan history2
Yearassets · accounts · employer contribution
2023$36.3M · 1,032 accts · $2.5M emplr
2022$24.2M · 940 accts · $2.1M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$111,768
Investment management$65,254
Total administrative$177,022
The Engineered Structures, Inc. 401(k) match · 2023
Employer contribution per active participant$2,748
Median for plans this size$2,440
2023$2,748 per active participant
2022$2,249 per active participant

Engineered Structures, Inc.'s 2023 employer contribution ran above the $2,440 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
JOHN HANCOCK LIFE INSURANCE CO. · Recordkeeping · Investment management$20,152
EDWARD D. JONES & CO. · Investment advisory (participants)$59,322
WILSHIRE ASSOCIATES INC (USA) · Investment advisory (participants)$5,932

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history2
2023$177,022 · 0.59%
2022$156,438 · 0.64%
Same employer
Similar plansConstruction · Idaho
Esi Holdings, Inc. ID$47.1M · 0.62%
Stevens Construction Corp. WI$36.3M · 0.17%
Postler & Jaeckle Corp. NY$36.3M · 0.02%
Synergos Companies LLC AZ$36.3M · 0.48%
Ibew Local 241 NY$36.1M · 0.58%

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Source: U.S. Department of Labor, Form 5500 series, EIN 820461228 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.